06.11.15

BMH BRÄUTIGAM ADVISES CAPITON ON THE RECAPITALISATION OF PREFERE RESINS-GROUP

BMH BRÄUTIGAM has advised financial investor capiton AG on the refinancing of its majority shareholding in Prefere Resins-Group. In the course of the refinancing by Intermediate Capital Group plc (ICG) capiton realises a cash inflow and still remains the majority shareholder.

The new shareholders – capiton, ICG and the management team which increases its shareholding in the course of the transaction – will jointly accelerate the growth of turnover and profits of the group also by way of selected add-on acquistions. Prefere Resins is one of the leading producers  of phenolic resins in Europe with production facilities in six countries including Germany, Finland, UK and France. Phenolic resins are used for example in the wood-working and in the automotive industries. The group with more than 300 employees generates a turnover of EUR 230 million p.a. The transaction is inter alia subject to approval by the relevant cartel authorities.